The Silverhill housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price in Silverhill currently stands at $530,000. With 4.0 months of supply, Silverhill's inventory levels remain relatively tight. Homes are taking about 29 days to sell, which is NaN days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Silverhill market with the affordability index at 5422.0. Based on current market indicators, home prices in Silverhill are projected to decrease by approximately 8.6% over the next month.
Silverhill, AL has a total population of 641 residents. The area is predominantly White (70.0%), The area shows moderate demographic diversity. The small population size creates an intimate community atmosphere in Silverhill, AL.
Crime analysis for Silverhill, AL shows 13 total incidents across all categories. The most prevalent crime type is Assault (61.5% of all incidents). This is followed by Property Crime at 38.5%. The crime rate in Silverhill, AL is very low, with violent crimes being more common than property crimes. This suggests Silverhill, AL is generally a safe area for residents and visitors.
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